Property in London’s Southwark has seen an annual rise in value of 6.1% over the last 12 months and a 10.8% increase from December 2016 to January of this year, according to Rightmove’s House Price Index. Recently launched in this lucrative London borough, Bellway’s Elmington Green, offers a selection of new homes starting from £554,995, an incredible £129,415 less than the area’s average price.
Elmington Green comprises three and four bedroom houses and two and three bedroom apartments, ideal for young professionals looking for a new modern pad in the heart of the capital. Camberwell is a fantastic location, with a range of nearby facilities and amenities, transport connections and green spaces, offering residents the very best of London living.
Emma Denton, Head of Sales at Bellway Homes Thames Gateway, comments: “Current homebuyers are struggling to find a substantial range of competitively priced new-build homes across London, so we’re thrilled to introduce Elmington Green that offers great homes at a reasonable price. The development saw a successful launch with homebuyers that were looking to tap into the lucrative investment opportunities presented by the area. The attraction of the area is reinforced by this new growth in home values from Rightmove.
“The two bed apartments, in particular are an ideal option for young professionals, with modern, stylish designs. We’re encouraging those looking for a new contemporary pad to visit Elmington Green and sample the unique homes and location for themselves.”
The apartments boast a superior specification and spacious living spaces, ideal for low-maintenance, modern living. The open-plan kitchen features contemporary Manhattan units with square-edged worktops and soft-close doors and drawers. Integrated appliances include a stainless steel electric fan oven, ceramic hob and built-in fridge freezer. The bathrooms are furnished with modern white sanitaryware, chrome heated towel rails and matching chrome brassware. The spacious double bedroom is carpeted and includes stylish fitted wardrobes.
Located less than two miles away from regenerated hotspot, Elephant and Castle and four miles from Charing Cross, Camberwell is becoming increasingly popular, drawing in buyers for its proximity to central London and vibrant artistic environment, with Camberwell College of Arts, the South London Gallery, and the Camberwell Arts Festival all within the locality.
Camberwell Green provides a focal point for the community, with a variety of bars, restaurants, cafés and shops situated close by on Camberwell Church Street, as well as along Camberwell Road and Denmark Hill. Burgess Park, less than a mile from Elmington Green, is a popular venue for local events such as the Camberwell Fair and offers a host of facilities including play areas, a fishing lake, gardens, cycle track, running trails, tennis courts and sports pitches. Tennis courts and a play area can also be found at Brunswick Park, a few minutes’ walk from the development, while over the border in Lambeth, Ruskin Park at Denmark Hill, has an athletics track, sports courts and pitches, flower gardens, wildlife ponds and a bandstand used for outdoor concerts.
Residents of Elmington Green are also ideally placed to benefit from a myriad of restaurants, bars, theatres, concert venues and shopping malls, a short journey across the Thames in Covent Garden, Soho, the City, Westminster, Mayfair and more, all easily accessible by public transport.
Ideal for city workers, frequent bus services operate locally and across London, while Oval tube station is just over a mile way providing trains to London Victoria London BlackfriarsClapham Junction, Farrington, London St Pancras and Shoreditch in 25 minutes and under.